Low Supply & High Demand
Basics of Housing Supply & Demand
The best time to sell is when the supply of that item is low & the demand for that item is high!
Real Estate Bottom Line
- Anything under a 6 month supply of homes for sale is a Seller’s Market.
- There has not been a 6 month inventory supply since August 2012!
- Buyers are looking to buy, even with rising interest rates.
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